For most of us, an education from one of the world’s leading universities is inaccessible and unaffordable. The dreams of securing a place at an Ivy League, Imperial College face the harsh reality of unrivalled selectivity, while the prohibitive cost of pursuing full-time studies at MIT, LBS or NYU limits access to a privileged few.
For much of the last decade, MOOCs were heralded as the way to democratize learning and open up education to the masses. The New York Times declared that 2012 was the ‘Year of the MOOC’, and universities and business schools rushed to put their faculty in front a camera to record Massive Open Online Courses that anyone could follow - for free. Today, many MOOC providers charge a fee, and offer more than ten thousand courses from nearly a thousand universities. But the number of courses added is slowing, as is the number of new learners.
Via Edumorfosis